Cyber Risk Costs Not Big Enough to Spur Investment by Businesses September 26, 2016 The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing...
Medical Marijuana Laws Linked to Fewer Opioid-Related Fatal Crashes September 20, 2016 There have been fewer drivers killed in car crashes who tested positive for opioids in states with medical marijuana laws...
P/C Insurers’ Underwriting Loss Worsened in First Half September 19, 2016 Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half...
Drugs in U.S. Workplace at Highest Level in Decade September 16, 2016 Following years of declines, the percentage of employees in the combined U.S. workforce testing positive for drugs has steadily increased...
Workers’ Compensation Market Enters Soft Market: A.M. Best September 14, 2016 The workers’ compensation market has likely entered a soft market phase based on a declining trend in price increases that...
Ford CEO: Affordable Driverless Cars to Be in Showrooms in 10 Years September 14, 2016 By Keith Naughton Ford Motor Co. intends to start selling driverless cars to the public by about 2025, its chief executive officer said....
Aon: Global Reinsurer Capital Hits Record $585B September 13, 2016 Total global reinsurer capital, which comprises capital both from the traditional and alternative markets, rose by four percent to a...
Fitch Sees Weak Profits Leading to Takeovers of Smaller Reinsurers September 13, 2016 Weak profitability is likely to leave more reinsurers worldwide vulnerable to takeover in 2017, reinvigorating mergers and acquisition activity as...
Poll Puts Another Dent in The Belief that Millennials Don’t Want to Drive September 12, 2016 By Don Jergler Another dent has emerged in the pervasive notion that millennials do not want cars. A survey commissioned by San Francisco,...
Top 25 Non-Life Reinsurers: Swiss Re Leads, Berkshire Drops in A.M. Best’s 2016 Ranking September 12, 2016 Swiss Re landed on top of a ranking of global non-life reinsurers, just edging out Munich Re by a few...